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Technology Stocks : Trimble Navigation
TRMB 79.58-0.5%Dec 30 3:59 PM EST

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To: arun gera who wrote (2453)4/21/1998 5:40:00 PM
From: David  Read Replies (1) of 3506
 
Looking at a report on the ORBI conference call on that thread, it appears that Ashtech's contribution was about $11-12 million in the quarter and that the entire Magellan division was up 90% (with Ashtech added in). I conclude that the pre-Ashtech Magellan base was up only about 16% in revenues. And if Ashtech were bringing in $50 million a year pre-merger, these results are probably flat for Ashtech. NovAtel has also had a bad quarter, probably taking a big hit in surveying.

Makes TRMB look pretty good in comparison.
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